Transferring large sums of international currencies between banks carries a great deal of responsibility, and calls for:
- State-of-the-art security, stable/scalable infrastructure, and infallible managed services.
- Access to services for Anti-Money Laundering and fraud prevention.
- Deep, broad expertise in regulatory requirements for international financial services.
- Knowledgeable FX corporate trading industry experts.
- Security professionals of the finest caliber.
- An understanding of risk management and the daily world events which influence currency valuation.
- The provision of detailed information about our data protection principles, the data we collect, how we collect data and how we use your data.
We also inform you about your data protection rights and remedies as well.
Regulatory compliance
As an international company, our business is mandated to meet regulatory standards such as:
- Europe's GDPR (General Data Protection Regulation)
- Canada's Privacy Act
- The US Privacy Act
Our corporate traders and forward contract options minimise the erosion of your money from fees and turbulent currency values.
In order for us to meet our regulatory requirements as a financial services provider, we need certain identification documentation when our customers and prospects sign up for a free Money Transfer account. These regulatory compliance requirements include KYC (Know Your Customer) and AMLCTF (Anti-Money Laundering/Counter-Terrorist Financing).
These documents will be encrypted and stored securely based on regional regulatory requirements. We are regulated by central banks and financial regulatory agencies the world over, including:
- The Australian Securities and Investments Commission (ASIC)
- The New Zealand Financial Markets Association (NZFMA)
- The Financial Transactions and Reporting Analysis Centre of Canada (FinTRAC)
- l'Autorité des marchés financiers (AMF) in the Province of Quebec
- US Department of Treasury Financial Crimes Enforcement Network (FinCEN)
- The Financial Conduct Authority in the UK
- European Securities and Markets Authority